Global Trade Alert
Global Trade Alert

Germany: KfW provides financing to support German exports of wind turbines to Lithuania

Announcement

27 Mar 2024

In March 2024, the German KfW IPEX-Bank announced providing financing to LT Energija's onshore wind farm “Pagegiai“ in Lithuania. The measure will support the export of wind turbines by German wind turbine manufacturer Nordex. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

27 Mar 2024

Revocation date:

No revocation date

Updated: 27 Mar 2024
Trade finance In force

On 27 March 2024, the German KfW IPEX-Bank and two other investors announced providing financing worth EUR 326 million (USD 352.6 million) to LT Energija's onshore wind farm “Pagegiai“ in Lithuania...

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